Reask Announces $6.55M Total Funding To Enter Us & Expand Its Extreme Weather Risk Modeling To All Those Who Need It
Reask Announces $6.55M Total Funding To Enter Us & Expand Its Extreme Weather Risk Modeling To All Those Who Need It
06/15/23, 1:04 PM
Location
sydneyMoney raised
$6.55 million
Industry
information technology
artificial intelligence
software
Investors
Hawktail, Sv Angel, Tencent, Macdoch Ventures, Collaborative Fund, Mastry Ventures
Reask, the risk data company applying artificial intelligence (AI) to interpret and forecast global extreme weather conditions, today announced it has raised a total of $6.55M in investment funding. Its most recent $4.6M seed round was co-led by Mastry Ventures and Collaborative Fund, with participation from Macdoch Ventures and existing pre-seed investor Tencent, alongside pre-seed investors SV Angel and Hawktail.
Company Info
Location
sydney, new south wales, australia
Additional Info
Reask is a science and technology company applying cutting-edge data science to natural hazard modeling. By applying AI to better capture global drivers of extreme weather frequency and severity, Reask can efficiently simulate probabilistic views of ground level risk at extremely high resolution. Early adopters include (re)insurance giants AXA and Swiss Re as well as a Big 4 accounting firm. To learn more, please visit https://reask.earth/.